LOOP MEDIA INC - LPTV STOCK NEWS

Loop Media, Inc. (NYSE American: LPTV) announced a new partnership with First Canadian GPO, aimed at enhancing customer engagement for its 7,000 members by providing access to Loop's services at no cost. This collaboration marks Loop Media's second international deal in just two months, following the launch of a TikTok television channel in collaboration with St. Louis Bar & Grill. With over 57,000 active screens in the U.S. and more than 2 billion monthly video impressions, Loop Media continues its expansion into Canada, striving for a significant footprint in the digital out-of-home (DOOH) market. The partnership is expected to create new growth opportunities while emphasizing the value of customer engagement for small and medium-sized businesses across Canada.

Loop Media, Inc. (NYSE American: LPTV) has launched a new Sports News Highlights channel that provides 24/7 coverage of sports highlights and news from major leagues worldwide. This channel is exclusively available via Loop-enabled digital-out-of-home (DOOH) venues through their proprietary Loop Player. The channel will feature real-time scores and updates from leagues such as the NFL, NBA, MLB, and NHL, among others. Accompanying the launch is the SportsLoop ticker, allowing businesses to convert any Loop TV channel into a dedicated sports channel. This venture aims to enhance viewer engagement and attract advertisers, as stated by Loop's Chief Revenue Officer.

Loop Media continues to position itself as a leader in the DOOH market, streaming a wide array of content and reaching millions of viewers across various locations.

Loop Media, Inc. (NYSE American: LPTV) has announced the launch of two new streaming channels—"Us Weekly" and "Just For Laughs Gags"—optimized for digital-out-of-home (DOOH) venues. The "Us Weekly" channel offers curated celebrity news and videos produced for out-of-home viewing, while the "Just For Laughs" channel features hidden camera stunts designed for entertainment without audio. Loop Media aims to enhance client environments with these additions, showcasing their commitment to engaging content. Loop Media streams over 200 channels targeting various businesses, reaching millions of viewers across multiple platforms.

Loop Media (NYSE American: LPTV) has announced a strategic partnership with St. Louis Bar & Grill to stream curated TikTok content across its 75 Canadian locations. This initiative marks the first expansion of Loop Media's services outside the United States, starting from March 13, 2023. With over 45,000 active screens and more than 2 billion monthly video impressions, Loop Media aims to enhance customer experiences and drive brand loyalty through curated entertainment. The partnership signifies an important growth phase for Loop Media as it continues to forge its path in the out-of-home entertainment market.

Loop Media, Inc. (NYSE: LPTV) announced its participation in South by Southwest (SXSW) from March 10-12 in Austin, Texas. The company's executives, including CEO Jon Niermann, will discuss the future of digital out of home (DOOH) advertising. The panels will explore crucial topics such as the importance of curated content and the evolving landscape of media consumption.

Loop Media is recognized as a leader in DOOH streaming, providing over 200 channels to businesses nationwide, with significant ad-supported reach across various venues.

Loop Media (NYSE: LPTV) has expanded its streaming service by launching three new channels tailored for digital-out-of-home (DOOH) venues. The offerings include the exclusive Fail Patrol channel and two channels from America’s Funniest Home Videos (AFV), named 'The Best of AFV' and 'AFV Heartwarming.' These additions aim to enhance customer engagement for businesses and broaden advertising reach. The service continues to stream over 200 channels, primarily focusing on music videos, sports, and entertainment, reaching millions across various venues in the U.S.

Loop Media, Inc. (NYSE: LPTV), a premier multichannel streaming platform, will ring the Opening Bell at the New York Stock Exchange on February 9. CEO Jon Niermann expressed excitement about their recent listing, emphasizing the growing demand for digital out-of-home (DOOH) advertising, projected to reach $58.67 billion by 2031. Loop Media is strategically positioned to capitalize on this growth, providing music video content to businesses through its proprietary streaming services. The company streams over 200 channels, including news, sports, and entertainment, directly to venues in the U.S.

Loop Media, Inc. (LPTV) reported an impressive fiscal Q1 2023, with revenue surging 395% year-over-year to $14.8 million, driven by increased deployment of Loop Players and the Partner Platform launched in May 2022. Gross profit rose to $5.7 million, yielding a gross margin of 38.4%. Despite a net loss of $5.3 million or $(0.09) per share, an improvement in adjusted EBITDA to $(1.6) million was noted. Quarterly active units (QAUs) reached 26,903, reflecting a 47% sequential increase. The company acknowledges challenges in ad spending but remains confident in executing strategic initiatives for continued growth.

Loop Media, Inc. (NYSE American: LPTV) will host a conference call on February 7, 2023, at 5:00 p.m. EST to discuss its financial results for the fiscal first quarter ending December 31, 2022. The call will include a management discussion followed by a Q&A session. Loop Media operates a streaming platform providing curated music videos and entertainment channels tailored for businesses, reaching numerous locations across the United States. Investors can access the call via a live webcast or through a toll-free dial-in number.